CryptoQuant CEO Announces: Can Bitcoin Exchange Binance Go Bankrupt?
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Although today’s agenda item in the crypto money industry is US inflation data, a major FUD operation was carried out on Binance, the world’s largest cryptocurrency exchange, in the morning. Investors, who have withdrawn a significant amount of crypto assets due to this fear operation, have started to invest back as they think that there is no problem in Binance as of now.
As of today, many crypto investors are asking, “Can the Binance exchange go bankrupt? started to ask questions. The possible bankruptcy of the huge stock market scared all investors. Ki Young Ju, CEO of CryptoQuant, one of the largest data providers in the crypto money industry, recently shared a new post on his official Twitter account.
Stating that there is no problem about the Binance exchange as of now, Ki Young Ju emphasizes that when he compares the stablecoin reserves of Binance and the FTX exchange, it is concluded that Binance will not go bankrupt.
Source: https://finance.yahoo.com/news/binances-cz-welcomes-stress-test-182527819.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAK55sY7P8zXNWoYTGmgQwJin_t33313w1_o24MZdppXepnJ3vXOO5cBXVZwF_6d6sGNuqXi3Pnviaq7AbmNaoEdXtRT0emiy7splGj6G4wzkfuwN63vUIeZedjcqzn0t7_gWp2u1LC9heGmJKnOO3X0N0SYISh5Y9r9N687sSsyj